Blog
- What is a noncompete agreement?
Feb 18, 2020
If you are a small business owner or looking to work for one, you may be interested in the subject of noncompete agreements. A noncompete agreement is a clause as a condition of employment that does not take effect until after the employment agreement between employee and employer has concluded. According to Findlaw, sometimes these agreements become the subject of legal disputes depending on what they stipulate. Essentially, a noncompete agreement will put some level...Read More - Battle for control of Aretha Franklin’s estate continues
Feb 10, 2020
No matter the size or scope of one’s estate in Haddonfield, the estate planning process can be quite complicated. It is for this very reason that estate planning experts recommend that those involved in it be as transparent as possible. Many experts might also say that this is wise to include would-be beneficiaries in it (as preparing people for what their roles and/or their interest in an estate might be prior to it being administered...Read More - Responsibilities of an executor
Jan 21, 2020
Many people assume they will be named as the executor of a parent’s will, but that may not always happen. Wise adults do not simply identify a person to be a will executor based on familial relations. The job of an executor should be thought of as just that – a job – instead of a ceremonious title bestowed on someone. Understanding what an executor’s responsibilities are is important when determining who to name in...Read More - Is estate planning different for a blended family?
Jan 21, 2020
No longer is it uncommon for a person to get married more than one time in their life. A remarriage may happen after the death of a first spouse or after a first marriage ends via divorce or an annulment. Regardless of how a previously married person finds themselves single again, they deserve the opportunity to move forward positively and create a life with a new spouse. While embracing the joys and opportunities that come...Read More - Consideration for employees signing restrictive covenants
Jan 21, 2020
The types of restrictive covenants available to you as a business owner in New Jersey include non-competition, non-disclosure and non-solicitation agreements. You can ask your employees to sign a restrictive covenant that meets these conditions: It is not injurious to the public, does not place undue hardship on your employees and protects your legitimate business interests. Signing a restrictive covenant means that the employees must give something up. To make up for what your employees willingly relinquish by...Read More - Named an executor? Now what happens?
Jan 2, 2020
When someone names you the executor of his or her estate in New Jersey, it is a large responsibility. You will not typically have to do anything until the person dies, but upon the person naming you the executive, there are some things you should consider. The main being if you want to serve in this role or not. Being an executor means that you will have to carry out the wishes of the deceased...Read More - Which documents should I include in my estate plan?
Dec 31, 2019
Your estate plan protects your assets and family, but it can also help you prepare for an uncertain future. Few people reap the full benefits from estate planning, with sometimes tragic results if their final wishes are not honored. Here are some essential estate planning documents to include to make sure your plan covers everything. 1. Living trust With a revocable trust, you retain control over any assets placed within the trust. You can also establish criteria...Read More - When is a will not enough?
Dec 14, 2019
If you are the parent of a special needs New Jersey child, you likely spend a good deal of time taking care of him or her and making sure that (s)he receives the attention, education and support (s)he needs to make his or her life as comfortable and fulfilling as possible. What you may not have thought about, however, is that your estate plan needs to consist of more than simply your Last Will and...Read More - Trucking company startup considerations
Dec 1, 2019
With such a shortage in the trucking industry, now may be an ideal time for entrepreneurs who want to launch their own trucking company. Here are some of the considerations people may face as they enter this potentially lucrative field. Business plan The typical business plan includes an executive summary, a description of the company, an analysis of the market, a sales and marketing plan and financial projections. Creation of the plan should be among...Read More - Assets that do not go through probate
Nov 28, 2019
Your will is a critical component of your New Jersey estate plan. Keep in mind, though, that the executor cannot distribute the assets that you list in your will to your beneficiaries until after the probate process. At Ritigstein Law, LLC, we often assist clients with tools to minimize the waiting period for beneficiaries. Trusts Perhaps you want to leave a certain amount of money or other assets to each of your children. FindLaw points...Read More
MEET ATTORNEY MICHAEL D. RITIGSTEIN
Michael Ritigstein is a Founding Partner of the firm concentrating his efforts in supporting the firm's litigation, corporate and estate matters. Mr. Ritigstein graduated from the University of Delaware in 1996 and Seton Hall University School of Law in 2000. In 2007 he received a Masters of Law in Taxation with a concentration in Estate Planning, from Temple University's Beasley School of Law.
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